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business-management Results
April 1, 2021
ACEC Partners with EFCG to Provide Financial Benchmarking for Member Firms

ACEC National has partnered with EFCG to provide financial benchmarking services to ACEC member firms. Firms that contribute financial data—with firm-level confidentiality—will have access to industry trends and metrics within the single largest vantage point on trends and dynamics in the A/E industry.

March 31, 2021
Podcast Discussion: Mick Morrissey on the Inflow of Private Equity into Engineering Firms

Why is private equity investing in engineering firms and what makes a firm attractive to these investors? On the latest Engineering Influence podcast, Mick Morrissey, managing principal of Morrissey Goodale, discusses the reasons behind the accelerating flow of private equity capital into engineering firms.

March 18, 2021
Podcast Conversation with Matheson Financial Advisor's Matt Fultz about Valuing Your Firm

Matt Fultz, a principal at Matheson Financial Advisors, came on the Engineering Influence podcast to talk about firm valuations, discussing the key factors in valuation, the steps to take to sell a firm, the most likely buyers, and why you might want to start the process today.

February 17, 2021
Latest Engineering Influence Podcast: Mark Goodale Discusses the Challenges and Opportunities for Engineering Firms in 2021

Mark Goodale, a principal at the management consulting firm Morrissey Goodale, came on the Engineering Influence podcast to discuss the current state of the engineering market, what firms can expect over the next year, and what steps they can take to prosper.

February 4, 2021
What Do Your Buyers Want? A Podcast Conversation with Hinge Marketing’s Karl Feldman

On the latest ACEC Engineering Influence podcast episode, Karl Feldman, a partner at Hinge Marketing, discusses the finding in the firm’s latest Inside the Buyer’s Brain study, in which more than 3,000 buyers and sellers provide big insights into what buyers value when contracting with an engineering firm.

October 20, 2020
Engineering Influence Podcast Looks at Strategic Considerations of a Contributory ESOP

On the latest Engineering Influence podcast, Chris Staloch and Joe Skorczewski of Chartwell Financial Advisory discuss how to use a contributory ESOP to drive company performance. 

September 15, 2020
ACEC BIT Offers Cyber Insurance to ACEC Member Firms
September 1, 2020
Engineering Influence Podcast: Mick Morrissey Offers Insights into the M&A Market

On the latest Engineering Influence podcast, Morrissey Goodale Managing Partner Mick Morrissey discusses the current state of the M&A market in the engineering industry and offers insights and advice for potential sellers,

July 9, 2020
Engineering Influence Podcast Addresses Managing Risk When Returning to the Jobsite

Engineering Influence sat down with Karen Erger, the Director of Practice Risk Management at Lockton Companies, the world's largest privately held insurance brokerage firm to discuss managing risk when returning to the jobsite during COVID-19.

 

July 9, 2020
Deltek's Annual Clarity A&E Industry Study Tracks Firm Performance Benchmarks

Deltek has released its 41st Annual Clarity Architecture and Engineering Industry Study, providing analysis and benchmarks for firms’ financial, business development, project, and human resources performance.

Member Firm News
April 6, 2021

Langan Engineering & Environmental Services announced the acquisition of Adams Consulting Engineers, Inc. headquartered in Dallas with additional offices in Austin and Tyler, Texas. The acquisition, only the second in Langan’s 50-year history, helps accelerate the firm’s growth in Texas, where Langan has operated since 2015 in Houston. With this move, Langan now has more than 1,300 employees across 36 offices.

https://www.langan.com/em


March 30, 2021

The recently finalized partnership of Confluence Networks, LLC and MasTec, Inc. has selected WSP USA to assist in completing its Confluence-1 fiberoptic cable system.

https://www.wsp.com/en-US


March 23, 2021

Burns & McDonnell has promoted Leon Harden as the firm’s first diversity, equity and inclusion (DEI) strategy manager. After three years working in recruitment at Burns & McDonnell, in his new role Harden will work closely with executive leaders and business diversity teams globally to provide strategic guidance for creating and integrating DEI initiatives and programs into all aspects of the 100% employee-owned engineering, construction and architecture firm.

https://www.burnsmcd.com/


Market Indicators
Indicators

Engineering Employment
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1,539,400 (March)
1,532,000 (February)

Construction Spending
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$1,516,900,000 (February)
$1,529,000,000 (January)

Dodge Momentum Index
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151.4 (March)
148.8 (February)

Morrissey Goodale U.S. M&A Index
Indicator Down image
313 Deals--Down 2 percent year-over-year

AIA Billings Index
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53.3 (February)
44.9 (January)

Engineering Career Opportunities

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